Geoteric, a global leader in AI-driven earthquake interpretation, has signed a groundbreaking agreement with Petronas Carigali SDN. Bhd is the upper arm of the state-owned Petronas in Malaysia. will strengthen strategic cooperation and accelerate the adoption of artificial intelligence in exploration.
The agreement marks step changes in Petronas Caligari's digital transformation strategy, identifying new hydrocarbon outlooks faster, improving drilling success rates, and fostering project execution across the global portfolio.
Geoteric's AI-driven seismic interpretation software is seamlessly integrated into existing geoscience workflows and has already proven to reduce cycle times by up to 90%. By combining human expertise and machine learning, the platform enhances decision-making and provides faster returns on seismic data investments.
Under the multi-year agreement, Petronas Carigali will deploy Geoteric's AI technology across operations around the world, gaining standardized project execution and contributing to long-term value creation. The partnership also works with Geoteric to position Petronascaligari at the forefront of developing new geoscience technologies and workflows.
Geoteric Chairman Jan Grimnes said the agreement was built on existing partnerships and highlighted the growing role of software companies in the industry.
“This collaboration not only changes the direction of Geoteric's development and the way projects are delivered, but also aligns Petronas's strategic goals with innovation.
The partnership emphasizes whether upstream operators will increasingly rely on AI solutions to accelerate exploration, standardize operations, and improve efficiency in a competitive energy environment.
